Unless Europe adopts standardised regulations, banks will suffer

Ithurts the industry.. costs of meeting differing regulations are too high.” Addressing the shareholders at the annual general meeting last quarter, John Bond, HSBC’s chairman, summed it up well, “Sensible regulation is fine; not all regulation is sensible.” HSBC had to spend $400 million (3% of its pre-tax profits) on servicing regulatory requirements last year.

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Source:- IIPM Editorial, 2006

IIPM ARTICLE

It is clear that Boeing has again failed to meet delivery schedules. This evident inability to fulfill committed deliveries could well be the biggest critical failure factor for Boeing; and unless this issue is addressed most urgently, Boeing can never hope to overtake Airbus.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Once the lost cases are left to die a natural death and Japanese companies restructure their operations to become more competitive without bailout packages, there is little doubt that consumer and investor confidence and GDP growth rates will get a leg up. By showing clear signs of growth and revival, the Japanese economy has the best opportunity in one decade to break out of stagnation. It needs a brave Koizumi to do the needful.

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Source- IIPM Editorial, 2006

The policy agenda for the US - IIPM News

The policy agenda for the US that Bush wants to leave behind is fairly clear: less taxes for the better off, more tax breaks for big business, less regulation of industries, less control over monopolies, less money for social welfare and higher spending on defence. Analysts are of the opinion that what is happening in the US now might resemble what happened in Britain after former Prime Minister Margaret Thatcher left her deeply conservative legacy.

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Source- IIPM Editorial, 2006

People filing petitions in courts - IIPM Publication

Both have sent notices to the Union Finance Ministry. The two Madras High Court orders are not isolated cases. There have been reports of people filing petitions in courts all over the country. Alarmed by the spate of these court cases, the Finance Ministry is planning to send the whole issue to the Supreme Court for a clear direction on the validity
of FBT.


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Source- IIPM Editorial, 2006

South Korea is the largest market share in chip-building (IIPM Publication)

At present, South Korea has the largest market share in chip-building in the world with companies like DRAM semiconductors, TFT-LCD, and others. As per World Trade Organisation figures, even in ship building, the nation’s overseas orders amounted to $30.2 billion in 2004.

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Source:- IIPM Editorial, 2006

Political gamesmanship over India’s reservations policy could cast a shadow over India’s ambitions of emerg¬ing as a global economic power in the 21st

Over the query of giving compensation to backward classes for past suffered deprivation, Dhaka of PHDCCI says, “The compensation... for deprivation in yesteryears should not extend to tomorrow and become a counter weapon which makes others suffer the same fate.”

Advocates of reservation argue that due to the ongoing policy of liberalization and privatisation, the non-backward classes have benefited; and employment opportunities specifically for the backward classes have reduced. The data available from 939 employment exchanges in the country, as of September 2002, indicates that the total number of job seekers in those exchanges were of the order of 41.6 million (including backward and general classes).

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Source:- IIPM Editorial